An Uber self-driving car has crashed in Arizona, dealing another setback to the US ride-hailing company after a spate of adverse publicity over internal management failures. The SUV was in a collision with another vehicle and rolled on to its side on Friday evening, according to local police. On Saturday, Uber said its vehicle was not carrying any customers at the time of the crash, but provided […]
Stevenson will oversee the infrastructure side of the group, including the Lenovo’s core datacenter products and solutions portfolio. (Image: Intel) Lenovo has hired former Intel CIO Kim Stevenson to serve as the SVP and general manager of its struggling datacenter group. As part of its third quarter earnings report last month, Lenovo revealed sales from its datacenter group were down 20 percent from a year ago to […]
Shares in one of China’s largest dairy groups plunged more than 90 per cent on the Hong Kong stock exchange on Friday, knocking $4.1bn from its market capitalisation. China Huishan Dairy Holdings was granted a trading suspension after its shares saw one of the biggest drops in the exchange’s history, cutting its market capitalisation from $4.85bn to $750m and likely causing paper losses for investors including BlackRock and Vanguard. Hong Kong’s bourse […]
Pressed to explain his lack of concern, Mnuchin said, “It depends on what you think of artificial intelligence.” (Image: CSPAN) Artificial intelligence won’t pose a real threat to American jobs for “50 or 100 more years,” Treasury Secretary Steve Mnuchin on Friday. special feature How to Automate the Enterprise One of today’s biggest opportunities for IT to make an impact is by automating business processes, manufacturing, repetitive […]
ABU DHABI and AL AIN // Hospital staff are witnessing an unprecedented number of patients with significant brain injuries as reckless driving and a culture of speeding takes its toll on the health service and the lives of young motorists. Surgeons said they were seeing up to 20 patients a day with substantial brain trauma in the emirate of Abu Dhabi alone. Of those, in 80 per […]
Ford said that slowing new car demand in the US and rising costs could halve its first-quarter earnings per share compared with last year’s record first quarter. The Detroit carmaker’s shares slipped in New York on Thursday after the company said in a statement that it now expects pre-tax profits of $9bn in 2017, down from $10.4bn last year. It expects profits to rise again in 2018. […]
Investors rushed to participate in Volkswagen’s return to European bond markets on Thursday, with the German carmaker’s first benchmark issue following the emissions scandal attracting huge demand. The €8bn euro-denominated bond attracted €24bn of orders by late afternoon, when books were closed ahead of final pricing. Bankers said the deal was launched with a spread 15 basis points tighter than initial indications. “There was a lot of […]
Intel has put its artificial intelligence efforts under one group led by Naveen Rao, former CEO of Nervana, which was acquired by the chip giant. special feature How to Implement AI and Machine Learning The next wave of IT innovation will be powered by artificial intelligence and machine learning. We look at the ways companies can take advantage of it and how to get started. The company […]
BEIRUT The Syrian army and rebels, including jihadist groups, fought in the capital Damascus and north of Hama on Thursday after the insurgents’ biggest offensive for months, underscoring the bleak prospects for peace talks which resume later in the day. The offensive seems unlikely to reverse 18 months of steady military gains by the government, culminating in December’s capture of the rebel enclave in Aleppo, but it […]
DUBAI // Those who violate traffic rules will face fines of up to Dh3,000 and their vehicles being impounded for up to three months under new federal rules. The Government introduced the amendments to the Federal Traffic Law to make the country’s roads safer as part of its vision for zero road fatalities by 2020. Motorists driving without a number plate face a fine of Dh3,000, 23 […]
Drivers of electric cars in Dubai will be the envy of their petrol-head counterparts as a new initiative starting on Wednesday allows them to charge up their vehicles free of charge. Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the free zone technology park, on Wednesday announced the launch of its new initiative that allows electric vehicle owners to use the charging […]
Britain’s Houses of Parliament came under attack on Wednesday from a knife-wielding assailant who ploughed a vehicle through throngs of people on Westminster Bridge before fatally stabbing a police officer. In the largest-scale terrorist incident in London since suicide bombers killed 52 people in July 2005, at least five people died, including the attacker. A further 40 were injured, according to police. The attack paralysed the heart […]
The lead of your story has to speak to what motivates viewers to sit and watch. Here are five motivators for engaging viewers with a news story on TV or the web: Money Family Safety Health Community You can address the “safety” motivator in crime stories, in stories about unsafe cars or in stories about texting or talking on the phone while driving. The “community” motivator might […]
Brent crude oil fell below $50 a barrel for the first time this year after US crude inventories climbed to a fresh record, raising fears that Opec’s attempts to tighten the market are falling short. US crude inventories rose by 5m barrels in the week ended March 17, the US Energy Information Administration reported on Wednesday, triggering an immediate bout of selling that pushed Brent below $50 […]
By Tova Cohen and Steven Scheer | TEL AVIV TEL AVIV Intel’s $15.3 billion acquisition of Mobileye has catapulted Israeli hi-tech into the global league, and is likely to stimulate investment in the sector’s other late-stage startups, where funds are most needed. Fundraising in late-stage startups – more mature firms that are already selling products rather than just the bright but unexploited ideas of entrepreneurs – has […]
Iona Craig, who reported on the aftermath of the botched Navy SEAL raid in Yemen for The Intercept from Yeman, did so with the help of the Pulitzer Center. Iona Craig. Grants from the Pulitzer Center go a long way for international journalists who eke out a difficult existence covering tough stories from dangerous places. The details of her recent Yemen experience should give pause to most […]
SKOPJE Macedonia needs to rise above political feuding and form a government as soon as possible to unblock the Balkan country’s path to European Union membership, the EU said on Tuesday. An EU summit earlier this month placed the Balkans high on its agenda to show that despite lingering ethnic tensions and the scars from wars fought in the 1990s, the region is a priority for the […]
DUBAI // As the war in Syria moves into its seventh year, the children who survive the violence end up suffering severe psychological damage, long after physical scars have healed. After completing stringent studies on their mental health, experts say these “invisible wounds” are taking a crippling toll on Syria’s children. “The results are deeply troubling,” said Helle Thorning-Schmidt, chief executive of Save The Children International and […]
Dubai-based ride hailing app Careem has introduced free Wi-Fi on all its business class cars. Customers using the car service will be able to connect to Wi-Fi via a passcode from the driver, enabling them to catch up with emails, surf the internet or check in with social media, according to the firm. The free Wi-Fi is part of the company’s plan to enhance its customer experience […]
Joanne Lipman, who joined Gannett 15 months ago to create an investigative network of the company’s 109 community papers, today was named editor-in-chief of USA Today. Lipman said in a phone interview that she is “pleased at how the USA Today Network has come together…. I’m awed by the increased quality and ambition in the work.” But rather than job accomplished, she sees her new post as […]
Tech companies and auto makers need to join forces and educate regulators on self-driving cars, or rules of the road will never get off the ground. To hear Google or Uber tell it, self-driving cars are almost ready for prime time. After all, you can already summon an autonomous Uber in Pittsburgh and Arizona, while a test of Google’s self-driving car effort—an […]
By Idrees Ali | WASHINGTON WASHINGTON In March 2014, the U.S. military paid an Afghan man just over $1,000 to compensate for killing his civilian son in an operation near the border with Iran, according to U.S. military records released to Reuters. Six months later, another Afghan father was given $10,000 by the U.S. military after his child, also a civilian, was killed in an American-led […]
Mansour Bin Jabr’s idea of a hard life may not resonate with everyone. “The cars, the jets, they don’t make me happy. I’m a hippie in a way. I love islands, beaches,” says the 30-year-old chief operating officer of Bin Jabr Group, having just returned from a business trip in the Maldives. “I see myself retired in the Bahamas in a resort I own with my toys. […]
Uber has lost another top executive amid a series of scandals at the ride-hailing company, with president of ridesharing Jeff Jones quitting after just six months. Mr Jones joined Uber in September last year from retailer Target, where he was chief marketing officer. He was charged with improving Uber’s brand and reputation, encompassing broad responsibility for operations, marketing and customer support. That period has seen a string […]
